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Jimmy Joe

02/12/24 2:19 PM

#395648 RE: imanjen13 #395644

What I consider price to be is manipulation of the stock price using the algorithm.
I have no idea what MMs are doing other than preventing this horse out of the barn.
This has been going on since before the Company became CFP.

I do see your point and havev o agree with you accumulation is happening IMO.
Some are beginning to hedge their initial bet maybe.

$0.20 should be in rear view mirror.
Soon....


$ELTP
Bullish
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ELTP Emperor

02/12/24 2:58 PM

#395649 RE: imanjen13 #395644

100%. I know of at least one group trying to shoot for 10%. I tried to get my group to go after 10% to 15% about a year ago but they didn’t have the stones. If you noticed a few months ago a new MM showed up. They were part of an accumulation. That’s why it shot up 40% one day. The same thing will happen when this group transfers shares over - a large snap will happen again. Right now they are just picking off weak hands and some of it is just trading shares between themselves to give the illusion that we’ve hit a wall. They’ll never get my shares though. I’m still picking up tidbits - already spent all my HSA money on this for the year. Trying to see if I can get a defined benefit pension plan set up to grab another couple million shares.